Mon.Nov 13, 2023

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Supply Chain’s Next Decade of Dealing With the Unknown

MIT Supply Chain

LinkedIn published my 100th Influencer article last month. The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Reaching this milestone got me thinking about how the profession might change over the next decade. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023.

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Inside the Shipper Mind with Jim Bierfeldt

The Logistics of Logistics

Jim Bierfeldt and Joe Lynch discuss what’s inside the shipper mind. Jim is the Founder and President of Logistics Marketing Advisors, a full-service marketing agency exclusively focused on helping logistics businesses drive profitable growth. About Jim Bierfeldt Jim Bierfeldt is the Founder and President of Logistics Marketing Advisors. Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry.

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ToolsGroup Positioned as the Leader in the SPARK Matrix for Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

ToolsGroup

BOSTON and LONDON – November 14, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix™ analysis of Retail Forecasting and Replenishment (RF&F) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor lan

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Watch: Building Environmental Sustainability in Supply Chains

Supply Chain Brain

Jagadish Turimella, chief operating officer and co-founder of GEP, offers some best practices that companies can adopt for ensuring that their supply chains are prioritizing sustainability.

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4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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Growing Your Travel Brand in the Digital Age

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Growing Your Travel Brand in the Digital Age appeared first on IT Supply Chain.

More Trending

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The Next Evolution of Technology Innovations Transforming Supply Chain Planning

BlueYonder

This blog was co-written by Matt Getman , Senior Product Director, and Angela Troccoli , Senior Product Marketing Director. Supply chain planning has undergone significant evolution in recent years, largely due to advancement in technology, access to vast amounts of data and changing consumer behavior. With the rise of big data, leading-edge analytics and machine learning algorithms, businesses can now tap into enormous amounts of data and leverage more informed, predictive insights to optimize

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How to Leverage Low-Code Software to Streamline Your Supply Chain Management

Supply Chain Brain

Low-code platforms emerge as indispensable allies for supply chain teams in the quest for heightened efficiency and effectiveness.

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What Is PPV? Purchase Price Variance Explained

Precoro

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

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Flagship Logistics and Supply Chain Event - ALMAC Returns

Supply Chain Brain

Attendees develop a new paradigm for Future-proofing Supply Chains: Diversification, Decarbonisation, Digitalisation

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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2023 China’s Singles Day Shopping Festival- Another Year of Muted Growth

Supply Chain Matters

China Singles Day festival, the globe’s singular largest online shopping festival event, culminated on November 11 with indications of another year of muted growth. Held on the 11 th day of the 11 th month, this annual festival provides an opportunity for single individuals to both provide or receive a holiday gift. In prior years, this Chinese online festival served as the global kickoff of the November-December holiday period, but with the history of the prior global pandemic, U.S. and other g

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How logistics software optimizes supply chain operations

IT Supply Chain

By Natalya Butkevich (pictured) Technology Research Analyst at Itransition The post How logistics software optimizes supply chain operations appeared first on IT Supply Chain.

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Explanation-Based Supply Chain Planning

Adexa

Explanation-Based Supply Chain Planning Almost all supply chain planning solutions deploy some types of heuristic and/or optimization algorithms to come up with a plan that meets the material and capacity constraints as well as management objectives. Some use primitive techniques such as scenario planning to examine a handful of scenarios, amongst thousands of others, to see which one they like better.

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Tecsys Welcomes Andrew Kirkwood to Board of Directors, Announces Committee Realignment

Tecsys

Tecsys, a leading supply chain management software company, announces the appointment of Andrew Kirkwood to its Board of Directors. Kirkwood brings extensive global supply chain expertise, and his addition will support Tecsys' continued success in the industry.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Strategies to secure stakeholder buy-in for corporate training

Procurement Academy

Incorporating a robust corporate training program into your business is a highly effective means to upskill your current employees, attract new talent, and foster a strong company culture. However, it can be challenging to build an eLearning program from the ground up as doing this to a high standard requires significant stakeholder buy-in across your organization.

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Global Supply Chain News on China Raising Major Concerns with Renewed Push to Grow Exports to Fill its Excess Manufacturing Capacity

Supply Chain Digest

In a Period of Still High Inflation, Chinese Export Prices are Down 20 Percent

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Will TikTok Shop Take Over Black Friday

Saleswarp

As the holiday season approaches, the battle for shoppers’ attention and dollars intensifies. The emergence of TikTok Shop has posed a challenge to established players. TikTok is set to subsidize discounts of up to 50% for sellers, making a strategic play for U.S. shoppers during the holiday season. This move is poised to reshape the Black Friday landscape and has the potential to disrupt the status quo in the world of online shopping.

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Rethinking forecast accuracy: A shift from accuracy to error metrics

The Smart Software

Measuring the accuracy of forecasts is an undeniably important part of the demand planning process. This forecasting scorecard could be built based on one of two contrasting viewpoints for computing metrics. The error viewpoint asks, “how far was the forecast from the actual?” The accuracy viewpoint asks, “how close was the forecast to the actual?” Both are valid, but error metrics provide more information.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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UAW Pushes for Workers at Honda, Subaru to Join Union

Supply Chain Brain

In addition to Asia-based automakers such as Honda and Toyota, electric-vehicle leader Tesla is also a potential target for a UAW organizing campaign.

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How ERP and BI work together

SYSPRO Smarter ERP

One of the big challenges facing manufacturers is inadequate reporting and analysis capabilities. This results in inefficient decision-making processes due to siloed data which limits the ability to respond to changing conditions quickly and accurately. Business intelligence (BI) and ERP (enterprise resource planning) software are both important technologies for businesses that want to improve their performance and gain insights from their data.

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Logistics Automation Expo 2024: Pioneering the Future of Logistics Technology

Supply Chain Brain

Gear up for the ultimate convergence of innovation at the Logistics Automation Expo 2024, scheduled for July 10-12, 2024, at the Bangkok International Trade and Exhibition Centre (BITEC)

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The 10 Largest Cargo Ships in the World in 2023

All Things Supply Chain

In the world of global trade and logistics, cargo ships are the unsung heroes that transport goods across the oceans, linking manufacturers, suppliers, and consumers worldwide.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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U.S. Asks About 100 Tankers in Russia Oil Cap Violations Probe

Supply Chain Brain

The U.S. Treasury recently imposed its first sanctions on companies accused of violating an oil price cap.

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The Impact of Freight Class on LTL Accessorial Charges: What Shippers Need to Know

Freight Plus

In transportation, shippers face a multitude of challenges as they seek to optimize their transportation strategies. One crucial aspect that significantly influences the cost of shipping is the freight class. In the Less-Than-Truckload (LTL) shipping, understanding how freight class impacts accessorial charges is important. Our blog explains the nuances of this relationship and explores what […] The post The Impact of Freight Class on LTL Accessorial Charges: What Shippers Need to Know app

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Exxon Aims to Produce Lithium in Rare Foray From Fossil Fuel

Supply Chain Brain

The project would help Exxon mitigate losses from the expected reduction in gasoline and diesel demand over the coming decades.

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U.S. Grant, Master Logistician

Logistics Viewpoints

There has been an ongoing debate, was Robert E. Lee or Ulysses Grant the better general? Grant was. This was in large part because he was the better logistician. The North Did Not Have the Numbers at the Key Battles The argument against Grant is that he should have been expected to win, he had the numbers on his side. Grant disputed this. In his autobiography he tackled this argument head on.

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11 KPIs for Measuring Innovation Success

Measuring innovation success is critical yet challenging for organizations, often leading to confusion over which KPIs to use. Many rely on inappropriate metrics borrowed from other departments, wasting resources and overlooking valuable opportunities. This guide outlines why innovation metrics are hard to track and offers a framework for creating effective KPIs.

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How Crowd-Sourced Delivery Can Help Online Shoppers Get Their Purchases Same-Day

Supply Chain Brain

Customers’ expectations for delivery are always moving toward freer and faster, and for retailers, it can feel like the goalposts are constantly moving. Crowd-sourced delivery can help.

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Royal Mail Fined by U.K. Regulator for Missing Delivery Targets

Supply Chain Brain

The company delivered more than a quarter of first-class post late, with only 74% arriving on time in the 2022-23 financial year, far below its statutory target of 93%.

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Smart Delivery Expo 2024: Revolutionizing the Future of Delivery and Retail

Supply Chain Brain

Get ready for a groundbreaking convergence of innovation at the Smart Delivery Expo, set to take place on March 21-22, 2024, at the Bangkok International Trade and Exhibition Centre (BITEC)

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